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Commerce · Q133

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 133

Q133

Where more than one price is determined by the most appropriate method, the arm's length price shall be taken to be:

A.
highest of such prices
B.
lowest of such prices
C.
arithmetical mean of such prices
Answer
D.
any price at the option of the assessee

Answer: Option C

Solution

Answer: Option C
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